General Procurement Notice Gpn For Central America Caribbean Catastrophe Risk Insurance Project Ccrif Spc Intends To Apply Part Of The Proceeds To Payments For Goods Works Non Consulting Services And Consulting Services To Be Procured Under This Project The Project Consists Of The Following Components Part 1 Parametric Insurance Associated With Risks Related To Geophysical Events For Cosefin Participating Countries Payment Of Reinsurance Premia And Or Swap Premia To Cover Part Of The Risk Associated With Geophysical Events Of Cosefin Participating Countries Insured By The Recipient Payment Of Insurance Payouts To Cosefin Participating Countries In The Event A Geophysical Event Occurs And Such Occurrence Constitutes An Insured Event Provision Of Technical Assistance And Training For The Development Modification And Or Implementation By The Recipient Of Insurance Products Associated With Risks Related To Geophysical Events And Associated Sub Hazards To Be Provided To Cosefin Participating Countries Financing Of The Participation Fee To Become A Cosefin Participating Country Part 2 Parametric Climate Risk Insurance For Cosefin Participating Countries A Payment Of Reinsurance Premia And Or Swap Premia To Cover Part Of The Risk Related To Climate Related Events Of Cosefin Participating Countries Insured By The Recipient B Payment Of Insurance Payouts To Cosefin Participating Countries In The Event A Climate Related Event Occurs And Such Occurrence Constitutes An Insured Event C Provision Of Technical Assistance And Training For The Development Modification And Or Implementation By The Recipient Of Insurance Products Associated With Risks Related To Climate Related Events To Be Provided To Cosefin Participating Countries D Financing Of The Participation Fee To Become A Cosefin Participating Country Part 3 Parametric Climate Risk Insurance For Caricom Participating Countries A Payment Of Reinsurance Premia And Or Swap Premia To Cover Part Of The Risk Related To Climate Related Events Of Caricom Participating Countries Insured By The Recipient B Payment Of Insurance Payouts To Caricom Participating Countries In The Event A Climate Related Event Occurs And Such Occurrence Constitutes An Insured Event C Provision Of Technical Assistance And Training For The Development Modification And Or Implementation By The Recipient Of Insurance Products Associated With Risks Related To Climate Related Events To Be Provided To Caricom Participating Countries D Financing Of The Participation Fee To Become A Caricom Participating Country
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